NOT LISTED FOR SALE

7062 Ely Rd New Hope, PA 18938

Estimated Value: $943,000 - $1,006,000

3 Beds
2 Baths
2,415 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $659,000 $273 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,905/month

Highlights

  • Scenic Views
  • 2.01 Acre Lot
  • Cathedral Ceiling
  • New Hope-Solebury Upper Elementary School Rated A
  • Deck
  • Partially Wooded Lot

About This Home

As of March 2021

Located on one of Solebury Township's most picturesque roads, a long-curved driveway leads to this most unique home perched on top of the hill. The private setting features plenty of mature trees as well as open space. At the end of the driveway, a wide paver walkway and patio leads to a covered front entrance with a French door entering the kitchen. Note that much of the home has just been freshly painted throughout! The expansive kitchen features granite counters with stainless-steel sink, light oak cabinetry with undermount lighting, stainless steel appliances, laminate flooring and a 2-tier island with new lighting and plenty of seating. Enjoy the morning sun in the adjacent and spacious breakfast room which features reclaimed wooden beams and laminate flooring. Adjoining the kitchen, relax or entertain in a spectacular sunroom which features a vaulted ceiling with custom beams, upgraded oak hardwood flooring, a wall of casement windows, a skylight, and a ceiling fan. An enormous great room sits adjacent to the kitchen in the front half of the house. The focal point of the great room is a floor to ceiling stone front, wood-burning fireplace with a high efficiency insert, built with native stone excavated from the property and complemented by reclaimed wood beams and mantle. The room also boasts a vaulted ceiling with custom beams, newer Brazilian hardwood flooring and built-in shelving with a spacious dining area for holiday gatherings or formal dinners. Plenty of windows overlooking the property invite you outside to a large wraparound deck with stairs down to the rear yard. Also included on the Main Level is a 1st floor bedroom with two double closets, a recently renovated full bath, and a laundry room/pantry. Stairs lead to the upper level which features wide plank wood flooring in the hallway/balcony which overlooks the great room. The owner's suite has wide-plank hardwood flooring, 2 double closets and a full owner's bath with a skylight. Additional storage is provided under the eaves of the roof where a a 50' x 8' semi-finished area can be used for storage or closet space. Bedroom #3, with 2 more double closets, completes the upper level of this charming home. The walk-out finished basement would be a great location for a large office/studio or just another great place to gather family and friends. An unfinished area of the basement can be used for more storage and is also rough plumbed for an additional bath. Other amenities include a whole house Generac Generator, a fenced yard with large paver patio area with HP Henry retaining wall, a spacious shed and much more. Not that you would ever want to leave this home but within two miles, take a stroll down New Hope's Main Street and browse through the town's collection of unique shops and boutiques. Walk or bike ride along the Delaware Canal. The 60-mile canal towpath has become a haven for hikers and cyclists. New Hope really comes alive when the sun goes down. Catch a performance at the historic Bucks County Playhouse. Stage and screen icons, including Liza Minelli, Robert Redford and Grace Kelly have performed at "America's Most Famous Summer Theater" in its 75-year history. After the show, hit the town for a night of good food, fine spirits and live entertainment. In 2019, New Hope-Solebury High School was rated among the best high schools in America, according to U.S. News & World Report. With less than 30 minutes to Princeton and situated between Philadelphia and New York City, this stunning home is a perfect combination of great location, exceptional schools, exuberant lifestyle, for a one-of-a-kind primary or second home!

Last Agent to Sell the Property

Frank Dolski

(215) 803-3237 f.dolski@cbhearthside.com Coldwell Banker Hearthside-Lahaska License #2076294 Listed on: 12/11/2020

Coldwell Banker Hearthside-Lahaska

Last Buyer's Agent

Jane Colletti

(215) 669-7720 janecolletti@gmail.com Legacy Realty Properties, LLC License #AB068833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,129

Year Built

  • Built in 1972

Lot Details

  • 2.01 Acre Lot
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is in excellent condition
  • Property is zoned R2

Home Design

  • Transitional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,415 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Great Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Scenic Vista Views

Kitchen

  • Breakfast Room
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Suburban Location

Schools

  • New Hope-Solebury High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Propane
  • Well
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Solebury Subdivision

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 41-028-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,129

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer and New Rrfrigerator (as is)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-12-11
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Remarks Public: Located on one of Solebury Township's most picturesque roads, a long-curved driveway leads to this most unique home perched on top of the hill. The private setting features plenty of mature trees as well as open space. At the end of the driveway, a wide paver walkway and patio leads to a covered front entrance with a French door entering the kitchen. Note that much of the home has just been freshly painted throughout! The expansive kitchen features granite counters with stainless-steel sink, light oak cabinetry with undermount lighting, stainless steel appliances, laminate flooring and a 2-tier island with new lighting and plenty of seating. Enjoy the morning sun in the adjacent and spacious breakfast room which features reclaimed wooden beams and laminate flooring. Adjoining the kitchen, relax or entertain in a spectacular sunroom which features a vaulted ceiling with custom beams, upgraded oak hardwood flooring, a wall of casement windows, a skylight, and a ceiling fan. An enormous great room sits adjacent to the kitchen in the front half of the house. The focal point of the great room is a floor to ceiling stone front, wood-burning fireplace with a high efficiency insert, built with native stone excavated from the property and complemented by reclaimed wood beams and mantle. The room also boasts a vaulted ceiling with custom beams, newer Brazilian hardwood flooring and built-in shelving with a spacious dining area for holiday gatherings or formal dinners. Plenty of windows overlooking the property invite you outside to a large wraparound deck with stairs down to the rear yard. Also included on the Main Level is a 1st floor bedroom with two double closets, a recently renovated full bath, and a laundry room/pantry. Stairs lead to the upper level which features wide plank wood flooring in the hallway/balcony which overlooks the great room. The owner's suite has wide-plank hardwood flooring, 2 double closets and a full owner's bath with a skylight. Additional storage is provided under the eaves of the roof where a a 50' x 8' semi-finished area can be used for storage or closet space. Bedroom #3, with 2 more double closets, completes the upper level of this charming home. The walk-out finished basement would be a great location for a large office/studio or just another great place to gather family and friends. An unfinished area of the basement can be used for more storage and is also rough plumbed for an additional bath. Other amenities include a whole house Generac Generator, a fenced yard with large paver patio area with HP Henry retaining wall, a spacious shed and much more. Not that you would ever want to leave this home but within two miles, take a stroll down New Hope's Main Street and browse through the town's collection of unique shops and boutiques. Walk or bike ride along the Delaware Canal. The 60-mile canal towpath has become a haven for hikers and cyclists. New Hope really comes alive when the sun goes down. Catch a performance at the historic Bucks County Playhouse. Stage and screen icons, including Liza Minelli, Robert Redford and Grace Kelly have performed at "America's Most Famous Summer Theater" in its 75-year history. After the show, hit the town for a night of good food, fine spirits and live entertainment. In 2019, New Hope-Solebury High School was rated among the best high schools in America, according to U.S. News & World Report. With less than 30 minutes to Princeton and situated between Philadelphia and New York City, this stunning home is a perfect combination of great location, exceptional schools, exuberant lifestyle, for a one-of-a-kind primary or second home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl, Carpet
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Exposed Beams, Kitchen - Island, Recessed Lighting, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Cathedral Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Basement, Breakfast Room, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Storage Room, Bathroom 1, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Full, Walkout Level
  • Total Sq Ft: 2415
  • Living Area Sq Ft: 2415
  • Price Per Sq Ft: 272.88
  • Above Grade Finished Sq Ft: 2415
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7062

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Black Top
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Driveway, Paved Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Radiant, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv, Propane
  • Water Source: Private, Well
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NEW HOPE-SOLEBURY
  • High School: NEW HOPE-SOLEBURY
  • High School Source: Listing Agent
  • School District Key: 300200397328
  • School District Source: Listing Agent
  • High School: NEW HOPE-SOLEBURY

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 39880.00
  • Land Assessed Value: 18920.00
  • Land Use Code: 1001
  • Lot Features: Partly Wooded, Open, Sloping
  • Lot Size Acres: 2.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87555.60
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R2

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 176877
  • School Tax: 6174.00
  • Tax Annual Amount: 9129.00
  • Assessor Parcel Number: 41-028-049
  • Tax Lot: 049
  • Tax Total Finished Sq Ft: 2415
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 25, 2021
Sold by
Slack Barbara C
Bought by
Williams Michael T and Rizzo Nina
Seller's Agent
Frank Dolski
Coldwell Banker Hearthside-Lahaska
Buyer's Agent
Jane Colletti
Legacy Realty Properties, LLC
List Price
$689,000
Sold Price
$659,000
Premium/Discount to List
-$30,000
-4.35%
Current Estimated Value
$972,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,942
Avg. Annual Appreciation
8.90%
Original Mortgage
$527,200
Outstanding Balance
$474,184
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$498,758

Purchase Details

Closed on
Dec 9, 1968
Bought by
Slack Paul R and Slack Barbara C
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Michael T $659,000 Mercer Abstract & Stlmt Svcs
Slack Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michael T $527,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $659,000 0.0% $273 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $659,000 -4.4% $273 / Sq Ft
12/11/2020 12/11/20 For Sale $689,000 -- $285 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,624 $58,800 $18,920 $39,880
2024 $9,624 $58,800 $18,920 $39,880
2023 $9,378 $58,800 $18,920 $39,880
2022 $9,315 $58,800 $18,920 $39,880
2021 $9,129 $58,800 $18,920 $39,880
2020 $8,914 $58,800 $18,920 $39,880
2019 $8,720 $58,800 $18,920 $39,880
2018 $8,526 $58,800 $18,920 $39,880
2017 $8,200 $58,800 $18,920 $39,880
2016 $8,200 $58,800 $18,920 $39,880
2015 -- $58,800 $18,920 $39,880
2014 -- $58,800 $18,920 $39,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU516140

Bright MLS

APN: 41-028-049